SECURITIES AND EXCHANGE COMMISSION
 
Washington, D.C. 20549
 
_______________
 
   
SCHEDULE 13D/A*
(Rule 13d-101)
 
(Amendment No. 1)
 
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a)
 
Community Capital Corp.
(Name of Issuer)
 
Common Stock
(Title of Class of Securities)
 
20363C102
(CUSIP Number)
 
Jeffrey L. Gendell
55 Railroad Avenue, Suite 103, Greenwich, Connecticut 06830
(203) 769-2000
(Name, address and telephone number of person
authorized to receive notices and communications)
 
February 6, 2009
(Date of event which requires filing of this schedule)
 
If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D/A, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box [ ].
 
NOTE : Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.
 
(Continued on following pages)
 
(Page 1 of 6 Pages)

--------------------------
* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).


 
 

 
CUSIP No.  20363C102
 
13D/A
Page 2 of 6 Pages



1
NAME OF REPORTING PERSON
Tontine Financial Partners, L.P.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP**
 
(a)  x
(b)   ¨
3
SEC USE ONLY
4
SOURCE OF FUNDS **
WC
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
 ¨
6
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
7
SOLE VOTING POWER
- 0 -
8
SHARED VOTING POWER
- 0 -
9
SOLE DISPOSITIVE POWER
- 0 -
10
SHARED DISPOSITIVE POWER
- 0 -
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
- 0 -
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES **
 ¨
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
14
TYPE OF REPORTING PERSON**
PN


** SEE INSTRUCTIONS BEFORE FILLING OUT!


 
 

 
CUSIP No.  20363C102
 
13D/A
Page 3 of 6 Pages



1
NAME OF REPORTING PERSON
Tontine Management, L.L.C.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP**
 
(a) x
(b) ¨
3
SEC USE ONLY
4
SOURCE OF FUNDS **
WC
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
 ¨
6
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
7
SOLE VOTING POWER
- 0 -
8
SHARED VOTING POWER
- 0 -
9
SOLE DISPOSITIVE POWER
- 0 -
10
SHARED DISPOSITIVE POWER
- 0 -
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
- 0 -
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES **
 ¨
 
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
14
TYPE OF REPORTING PERSON**
OO


** SEE INSTRUCTIONS BEFORE FILLING OUT!


 
 

 
CUSIP No.  20363C102
 
13D/A
Page 4 of 6 Pages



1
NAME OF REPORTING PERSON
Jeffrey L. Gendell
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP**
 
(a) x
(b) ¨
3
SEC USE ONLY
4
SOURCE OF FUNDS **
OO
5
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
 
 ¨
6
CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
7
SOLE VOTING POWER
- 0 -
8
SHARED VOTING POWER
- 0 -
9
SOLE DISPOSITIVE POWER
- 0 -
10
SHARED DISPOSITIVE POWER
- 0 -
11
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
- 0 -
12
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES **
 ¨
13
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
14
TYPE OF REPORTING PERSON**
IN


** SEE INSTRUCTIONS BEFORE FILLING OUT!


 
 

 
CUSIP No.  20363C102
13D/A
Page 5 of 6 Pages
 



ITEM 1.
SECURITY AND ISSUER.

This Schedule 13D/A (this “Amendment No. 1”) amends the Schedule 13D filed on July 27, 2001 relating to the shares of common stock, par value $1.00 (the "Common Stock") of Community Capital Corp. (the "Company") (the “Original Schedule 13D”). The Company's principal executive offices are located at 1402C Highway 72 West, Greenwood, South Carolina 29649.  The Original Schedule 13D, as amended by this Amendment No. 1, is hereinafter referred to as the “Schedule 13D”.  Capitalized terms used herein and not otherwise defined in this Amendment No. 1 have the meanings set forth in the Original Schedule 13D.  This Amendment No. 1 amends Item 5 of the Schedule 13D as set forth below.  This is the final amendment to the Schedule 13D and constitutes an “exit filing” for the Reporting Persons.
 
ITEM 5.
INTEREST IN SECURITIES OF THE ISSUER.

 
A.
Tontine Financial Partners, L.P.
 
(a)
Aggregate number of shares beneficially owned:  -0-
    Percentage:  0%
 
(b)
1.
Sole power to vote or direct vote:  -0-
   
2.
Shared power to vote or direct vote:  -0-
   
3.
Sole power to dispose or direct the disposition:  -0-
   
4.
Shared power to dispose or direct the disposition:  -0-
 
(c)
Not applicable.
 
(d)
TM, the general partner of TFP, has the power to direct the affairs of TFP, including decisions respecting the receipt of dividends from, and the disposition of the proceeds from the sale of, the shares. Mr. Gendell is the Managing Member of TM and in that capacity directs its operations.
 
(e)
February 6, 2009.

 
B.
Tontine Management, L.L.C.
 
(a)
Aggregate number of shares beneficially owned:  -0-
    Percentage:  0%
 
(b)
1.
Sole power to vote or direct vote:  -0-
   
2.
Shared power to vote or direct vote:  -0-
   
3.
Sole power to dispose or direct the disposition:  -0-
   
4.
Shared power to dispose or direct the disposition:  -0-
 
(c)
Not applicable.
 
(d)
Mr. Gendell is the Managing Member of TM and in that capacity directs its operations.
 
(e)
February 6, 2009.

 
C.
Jeffrey L. Gendell
 
(a)
Aggregate number of shares beneficially owned:  -0-
    Percentage:  0%
 
(b)
1.
Sole power to vote or direct vote:  -0-
   
2.
Shared power to vote or direct vote:  -0-
   
3.
Sole power to dispose or direct the disposition:  -0-
   
4.
Shared power to dispose or direct the disposition:  -0-
 
(c)
Not applicable.
 
(d)
Not applicable.
 
(e)
February 6, 2009.


 
 

 
CUSIP No.  20363C102
13D/A
Page 6 of 6 Pages
 



SIGNATURES
 
After reasonable inquiry and to the best of his or its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.
 
Dated:  July 1, 2011

 
JEFFREY L. GENDELL
   
   
 
/s/ Jeffrey L. Gendell
 
     
   
   
 
TONTINE MANAGEMENT, L.L.C.
 
By:
Jeffrey L. Gendell, its managing member
     
 
/s/ Jeffrey L. Gendell
 
     
   
 
TONTINE FINANCIAL PARTNERS, L.P.
     
 
By:
Tontine Management, L.L.C., its general partner
 
By:
Jeffrey L. Gendell, its managing member
     
 
/s/ Jeffrey L. Gendell
   
     


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